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IP007 -Retail Conveyor Belt Repair & Installations Company

Asking Price: GBP 79000
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Business Location: United Kingdom » Lancashire » Lancashire 
Category: Services » Other Business Services
Description:
Retail Conveyor Belt Repair & Installations Company

Ref.IP007
Location Lancashire
Asking Price £ 79,000
This business set up some 3 years ago by the current vendor specialises in both the installation and maintenance (including repair) of supermarket check-out conveyor belt systems. The business has recently expanded its services to also incorporate internal barriers within these retail type environments and this represents a significant opportunity to expand in the short/medium term. (currently barriers account for some 20% of turnover, the remaining 80% coming from conveyor belts).

The company currently provides its services over a pre-agreed geographical area within the North West for its major clients but there is no reason why a new owner could not expand this coverage with further investment in resource to scale up the business. These services include repair, new installations and preventative maintenance.

The company works with all the major retailers in the UK through their appointed suppliers, contractors and shopfitters and has a reputation for high quality and technical capability.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: N.A.
Year Established: 2005
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: Yes
Real estate status: Yes
No of trading hours: Monday – Friday: 0800-1700
Reasons for selling:
This is a genuine retirement sale.
Market competition and expansion:
The business has used very little advertising to date, it currently has a listing in Yellow Pages. A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation and this is expected to continue. The business could benefit from having a website as to date it does not have an internet presence. It could also benefit from a strategic marketing campaign to the retail market it serves so well.
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